The Carlyle Group (Nasdaq: CG) will pay $7.4 billion to acquire Symantec (Nasdaq: SYMC) subsidiary Veritas under amended financial terms of a proposed acquisition deal the parties expect to close Jan. 29. Symantec and Carlyle previously announced an $8 billion purchase price for the data management business. Michael Brown, Symantec pr...
General Atomics will deliver more MQ-9 Reaper unmanned aerial vehicles under a $43.7 million sole-source contract from the U.S. Air Force as part of a foreign military sale agreement with France. The Defense Department said Tuesday the undefinitized contract action covers France’s second MQ-9 system. France previously placed a potent...
The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed at a gain/loss of 0.086 points to 72.182. The Index had shown a decline of around 1.1 percent at around 2 p.m. Eastern time before a reversal that started shortly before 3 p.m. as U.S....
TYSONS CORNER, VA, January 19, 2016 ” Marilyn Crouther, senior vice president and general manager of Hewlett Packard Enterprise™s (NYSE: HPE) U.S. public sector business, believes the public information technology sector should adapt traditional IT to a cloud-based environment amid emerging cyber threats, ExecutiveBiz r...
TYSONS CORNER, VA, January 19, 2016 ” MarkLogic™s Enterprise NoSQL database MarkLogic 8 has received the Common Criteria for Information Technology Security Evaluation certification after it has completed an assessment, GovCon Executive reported Friday. The company said Thursday the evaluation includes standards on...
TYSONS CORNER, VA, January 19, 2016 ” L-3 Communications (NYSE: LLL) has received a three-year, $44.7 million contract for the upgrade, repair and overhaul of the photonics masts of U.S. Navy Virginia-class and Ohio-class submarines, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform ...
TYSONS CORNER, VA, January 19, 2016 ” David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from the defense...
TYSONS CORNER, VA, January 19, 2016 ” Unisys (NYSE: UIS) will provide flight simulation hardware and software support to NASA‘s Langley Research Center under a five-year, $38.4 million contract, ExecutiveBiz reported Friday. NASA said Friday the cost-plus-fixed-fee contract includes systems design, development, validation, modificati...
Mike Garrity, vice president of finance and administration at General Dynamics‘ (NYSE: GD) information technology business, has retired after nearly 40 years of financial management work in the government contracting industry. Garrity told colleagues of his retirement in an email Friday. ExecutiveBiz featured him in a 2008 article on the ...
Apex Clean Energy Holdings has secured a potential $497.3 million contract from the Defense Logistics Agency to supply the U.S. Army with electricity derived from off-site wind and on-site solar energy production facilities over a nearly 30-year period. DLA Energy in Fort Belvoir, Virginia, awarded the firm-fixed-price contract t...
